Umbrella now offers enhanced flexibility by allowing you to define a custom currency for each onboarded account. This feature enables cost data to be displayed in your preferred currency, facilitating more intuitive financial analysis.

In this guide, we will guide you through:

• Key Terminologies
• Pages Affected by Currency Adjustments
• Setting the Processing Currency
• Setting the User-Session Currency
• Currency Conversion Rates

🔑 Key Terminologies

1. Provider Currency
The original currency from your cloud provider's billing export (e.g., USD for AWS).

2. Processing Currency
A user-defined currency that replaces the Provider Currency across various platform pages per account. This setting affects all users with access to the account.

3. User-Session Currency
A temporary, user-specific currency selection that overrides the Processing Currency for the current session. This setting is personal and does not impact other users.

Currency Display Across Platform Pages

When you set a Processing Currency (account-wide) or a User-Session Currency (per user session), these settings determine how costs are displayed across different pages of the platform.

Review the sections below to see which pages support currency adjustments and which display costs in the provider's original currency.

⚠️

Notes on User-Session Currency
Cost and Usage Reports and Partner Reports will not reflect the User-Session Currency. They will display in the Processing Currency if set; otherwise, they default to the Provider Currency.

🛠️ Setting the Processing Currency

Users with the required permissions (Admin, Editor) can define the Processing Currency through:

1. During Onboarding:

   When setting up a new account, select your preferred currency. This choice determines how costs are displayed across the platform for this account.

❕Note: The Processing Currency can be changed/defined later in the Cloud Accounts page.

2. Cloud Accounts Page:
   To change the Processing Currency for an existing account:
   1. Navigate to the Cloud Accounts page.
   2. Locate the account you wish to modify and click the pencil icon next to the displayed currency.
   3. Choose your desired currency from the dropdown menu and click Next.
   4. Review the upcoming changes and click Apply New Currency to confirm.

❕Note: Changing the Processing Currency will immediately update the displayed currency for all users with access to the account.

👤 Setting the User-Session Currency

Any user can define User-Session Currency by:

1. Click on the currency icon in the top header.
2. Select your desired currency from the dropdown menu, and click Apply.

❕Note: This setting is temporary and will only persist for the duration of your current session. It does not affect other users.

Currency Conversion Rates

Umbrella applies currency conversions on a monthly basis, with each month's data reflecting the exchange rate applicable for that specific month.

• AWS and GCP Accounts:
  Rates are based on the last business day of the previous month. For example, June's rate is taken from May 31st.
• Azure and Multicloud Accounts:
  Rates are based on two business days before the end of the previous month, aligning with Azure's exchange rate methodology. For example, June's rate is taken from May 29th.

Source: Exchange rates are obtained from currencyapi.com.